Zimbabwe to allow US dollar cash withdrawals from some accounts
Firms and individuals in Zimbabwe hold $1.3bn in foreign currency accounts, central bank governor John Mangudya says
01 July 2019 - 16:15
Harare — People and companies in Zimbabwe hold $1.3bn in foreign currency accounts, central bank governor John Mangudya said on Monday after the finance minister announced that individuals will be allowed to withdraw their US dollars in cash.
Mangudya told a parliament committee that individuals would be allowed to withdraw up to $1,000 a day from their foreign currency accounts without restrictions but that companies would need to talk to their banks if they needed cash dollars...
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